GBPUSD Look for sell from the top now
Updated
Hello traders:
GBPUSD is shaping up to be a very good sell potential.
From the higher time frame, we see the potential double tops, and price has been slowing down.
Latest price action has a small ascending type of channel structure, can be the first sign of reversal price action.
I would like to see price broke out from it, and a lower time frame push down to indicate the bearish momentum has begun.
Then, look for the continuation correction to take it short.
Thank you
GBPUSD is shaping up to be a very good sell potential.
From the higher time frame, we see the potential double tops, and price has been slowing down.
Latest price action has a small ascending type of channel structure, can be the first sign of reversal price action.
I would like to see price broke out from it, and a lower time frame push down to indicate the bearish momentum has begun.
Then, look for the continuation correction to take it short.
Thank you
Note
higher time frame:
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